Hello,
The purpose of the Weekly Investment News is mostly to provide a quick look back at the week gone by, and to highlight some of the key events for the week ahead. However, on occasion, and in keeping with our overall philosophy, we do pause for a longer term perspective. Last week, Wednesday 11th October 2023 was one such occasion as we marked the 10th anniversary of the launch of the Prisma Funds range.
Approaching €9bn in assets under management, the funds have delivered for Financial Brokers and their customers since inception, as we actively navigated the key market events of the last decade. Performance has been strong, and we continue to evolve the funds over time. The expansion of the equity regions we actively manage, the addition of actively managed corporate bonds, and the introduction of a carbon reduction ambition across the equity and corporate bond portfolios are all examples of the innovation and evolution of the funds over time.
Prisma 4, at over €3.3bn, is now our largest internally managed fund at Zurich, which is testament to the support from Financial Brokers. With annualised returns in excess of 6% since inception, we look forward to continue to partner with Financial Brokers and their customers in the years to come.
As always, if you wish to discuss anything in further detail, please do get in touch.
